Regulators to take aim at 'pension liberation' scams

Hannah Brenton looks at the murky world of pension ‘liberation’ companies

clock

Hannah Brenton looks at the murky world of pension ‘liberation' companies that prey on scheme members in desperate need of cash - and what schemes can do to stop them.

‘Withdraw Your Pension NOW,’ booms an online advertisement, ‘You can’t sell your UK Pension early BUT you can transfer to cash FAST.’ Through website promotions, cold-calls and adverts like the ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Multiple BPA deals, DB funding code warning, Aviva Investors launches LTAF

Professional Pensions
clock 29 November 2024 • 1 min read
Good News Corner: Rothesay Foundation makes £2.47m donation to Age UK

Good News Corner: Rothesay Foundation makes £2.47m donation to Age UK

Donation will provide support for over 11,000 people to check eligibility for state benefits

Martin Richmond
clock 29 November 2024 • 3 min read
TPR shifting to 'more prudential style' of regulation

TPR shifting to 'more prudential style' of regulation

CEO Nausicaa Delfas says broader pensions market is changing

Holly Roach
clock 28 November 2024 • 1 min read
Trustpilot